Breaking News from Certifax Appraisals

MYRTLE BEACH, SC – Appraisers see improving market conditions. Recent appraisal orders (in the last month) reflect fewer days on market and narrowing gap between list and sales prices:

-Castlewood single family under contract, 33 days on market at 94% of list price ($150K-$200K range)

-Ocean Creek Tower North condo under contract, 57 days on market at 98% of list price ($400K-$450K range)

-A Place at the Beach condo, Shore Drive, under contract, 26 days on market at 99.9% of list price ($150K-$200K range)

-Briarcliffe Acres vacant residential lot under contract, 34 days on market at 94% of list price ($350K - $400K range)

-Wisteria Woods single family under contract, 36 days on market at 98% of list price ($100K to $150K range)

-The Island condo under contract, 34 days on market at 94% of list price ($300Kto $350K range)

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Good news is out there - focus on local news media to get the most up-to-date and correct information about your local real estate market. Now is a wonderful time to buy in Myrtle Beach. Recently, I was featured on our local news channel. I talked about the opportunities to purchase property at a good price. When I receive the audio story, I will be adding it to this Blog. In the meantime, please contact me if you have any questions about what is happening in our local real estate market. I can be reached at (843) 267-2710 or Kathy@KathyRukat.com.